Net incurrence of liabilities, total in Paraguay
Paraguay: Net incurrence of liabilities, total was 9.66 trillion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Paraguay, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Paraguay is 9.66 trillion current LCU, measured in 2024.
Compared with earlier readings it is down 25.9% on the previous year and up 63.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Paraguay peaked at 22.11 trillion current LCU in 2020 and was at its lowest, -793.75 billion current LCU, in 2008.
Paraguay ranks 8th of 136 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 143.20 billion current LCU | -793.75 billion current LCU | 1.04 trillion current LCU | 5 |
| 2010s | 3.20 trillion current LCU | -339.75 billion current LCU | 7.12 trillion current LCU | 10 |
| 2020s | 12.70 trillion current LCU | 7.98 trillion current LCU | 22.11 trillion current LCU | 5 |
Countries ranked near Paraguay
More public sector data for Paraguay
- Arms imports 5.00 million SIPRI trend indicator values (2021)
- Tax revenue 11.3% (2024)
- Taxes on income, profits and capital gains 16.5% (2024)
- Taxes on goods and services 36.1% (2024)
- Net investment in nonfinancial assets 2.1% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 10.3% (2024)
- Grants and other revenue 19.9% (2024)
- Interest payments 8.8% (2023)
- Other taxes 1.2% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Paraguay?
- Net incurrence of liabilities, total in Paraguay was 9.66 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Paraguay?
- The highest recorded value was 22.11 trillion current LCU in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Paraguay?
- The lowest recorded value was -793.75 billion current LCU in 2008.
- How does Paraguay rank for net incurrence of liabilities, total?
- Paraguay ranks 8th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Paraguay?
- Over the last ten years it is up 63.6%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.